Indian rupee to track portfolio inflows; bond yields likely to fall

The rupee is poised for modest relief this week, bolstered by significant IPO inflows, including Tata Capital's $1.75 billion and LG Electronics India's $1.3 billion share sales. Bond yields are also expected to ease, driven by lower-than-anticipated state debt issuance. While these inflows offer temporary support, a sustained rupee recovery largely depends on positive developments in U.S.